> that _changes_ in value Of course, we can also mention that overall those changes less than growth of S&P, that you pay taxes for that (not for growth, for v

> that _changes_ in value Of course, we can also mention that overall those changes less than growth of S&P, that you pay taxes for that (not for growth, for value) and that you're bound to spend a non-insignificant amount on supporting that asset. Tax and maintenance - and maybe insurance - are all eating from the value of the asset.